Anupriya, Bhiwadi
Q: I want to know what is this sale deed & title deed ? What is a conveyance deed? Why is it required?

My comments to replies
Hi Aniket, As per my knowledge, the word conveyance means the transfer of ownership or interest in real property from one person to another by a document, such as a deed, lease, or mortgage. In India, transfer of property or rights in immovable property is governed by the Transfer of Property Act, 1882. For the transfer of any immovable property or rights in immovable property, it is necessary to execute a conveyance deed.
Hi, In my point of view, a sale deed, also called a “conveyance”, is a document which transfers immovable property be it land or a house, flat, office or other structure to another person. In almost all cases, the sale deed must be registered compulsorily except in the case of resale of units in existing cooperative societies where the state law grants a specific exemption from registration.
22nd September 2014

Q: I want to know what is stamp duty? who is liable to pay this?

My comments to replies
Hi Guys, I am planning to take an apartment on rent , I need to know what are the things i should check / verify?
Hi Akshita, I am very happy to know you are aware of this verifying document procedure. Many people don't do this and always land in trouble. So here are some tips you should follow, you must make sure the property is free of any fraud or title issue. You can request for documents such as chain title, last paid electricity and water bills, overall layout and provision of changes (if any), relations of owner with the broker (if any) and basic know how of the last tenant who lived there.
24th September 2014

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